Rebuilding hazardous BD factories to take years

It will take years to repair and rebuild the most hazardous factories in Bangladesh and cost hundreds of millions of dollars that necessitate international community’s support to accomplish, suggests an international report. “Due to the absence of infusion of significant international support, we’re destined to see recurring tragedies in Bangladesh which represent a growing threat to the long-term sustainability of its garment industry,” the report says in its recommendations to the international donor community. The study report, titled ‘Business as Usual is not an Option’, was released on Monday by New York University’s Stern School of Business. As Bangladesh is set to mark the first anniversary of the Rana Plaza tragedy on Thursday (April 24), this is a propitious time for the international community to convene a major donors’ conference on factory safety and critical infrastructure in Bangladesh, the report suggests, according to a news agency.